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Comment Re:Fucking Casuals. (Score 4, Insightful) 303

You don't understand the issue or you are making money from the technique and have fully disconnected yourself from the ethical implications of HFT scamming.

I'll use plain english terms to describe it since I'm not in that industry and never remember the fancy facade of names used to obfuscate investing practices and technical points from non-industry people.

You can check the bid/ask prices, the type of HFT process that screws you happens entirely AFTER you press the buy button, they see your buy at one data exchange location and literally outrun your network packets to remaining exchange points to buy up what you just clicked 'buy' on. You end up with a portion of what your lowest bid was, but suddenly the other locations that have the product to fill the order are all priced higher from the HFT gamer. This requires special high speed access and high speed API access to the data exchange points.

It's rigging the system. It's a great hack if you are making money for yourself but it's more than just unethical, it utterly destroys any usefulness of financial investment markets, and also leads to caustic disruption of real world economic data.


Comment Re:It's Not Really Oracle (Score 1) 163

In many instances, Oracle is expensive and overly complex for what is the ultimate underlying (and simple) task of storing data in a reliable and redundant fashion. A hardcore geek's RDBMS is not what anyone should ever recommend for any production database environment that does not employ umpteen 'hardcore geeks' at any given time to explicitly manage that system.

Oracle is like a diamond encrusted iphone of DBs, it's got perceived value and makes others think you have money and power, and that perception drives it continued usage.

Comment Re:I'll wait and see (Score 1) 117

That's so quaint, you still won't cut the cord.

HBO and the other movie channels have had their chance. The cable is cut, they either get with the program and open subscription services to all ala Netflix/Hulu/Vudu/etc. or die on the cable-attached vine. Sorry for the loss of good programming but there's always new programming coming.

Comment Pure Bullshit (Score 1) 361

Yet it’s important to remember that subsidy programs are a conventional business practice that brings down the cost of services for consumers. Nobody’s access is degraded. In an increasingly connected world, it’s a welcome development that carriers and ISPs are proposing market-oriented solutions to bring more people online while gaining a new revenue stream for network upgrades.

Is this a joke? Subsidy programs don't bring down the cost of services, ever. Access is 'degraded' by overselling services after the big ISPs use their subsidies for piecemeal upgrades that only pad profits, instead of actually improve the entire infrastructure. Carrier and ISP's market-oriented solutions are to bring more profits with the least amount of additional expenditure, and network upgrades are an accident of necessity. New revenue streams are about profits.

Comment Re:Fuck religion. (Score 4, Insightful) 903

The Democrats had the majority, but the Republican's used the pseudo-filibuster bullshit to prevent any legislation from passing. When they realized that the ACA they let slip through was much bigger for Obama than they expected, after major negotiations neutering it and in-fact supporting the individual mandate as a compromise, they panicked and since then just "filibuster" instead of trying to negotiate on everything. (Saying your negotiating and compromising when its 'my way or the highway' every fucking time even after concessions are made by Democrats on the various legislation pieces does not actually equal negotiating and compromising).

The Dems had majority, but the Reps used the loopholes to command the power like they were the majority. That's why people can be confused about it.

Comment Re:Missing the point (Score 0) 198

Hold on let me go grab a copy of Debian Linux and install it. No ads. And it's free. Advertisers have nothing to do with the internet being free, they have to do with people making money off stuff that could be free in the first place. An entire ecosystem has developed around supporting the advertising based internet, as opposed to an infrastructure ecosystem being built based around 'actual' free services provided for the sake of community/social improvement/etc.

The internet advertisers are attached to is free because otherwise people would do it for free anyway, without a way for the advertisers to make their middleman money off the system.

It is what it is.

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